Accenture PLC (NYSE:ACN) Receives $242.41 Consensus Price Target from Analysts

Accenture PLC (NYSE:ACN) has earned an average rating of “Hold” from the twenty-eight ratings firms that are covering the company, Marketbeat.com reports. Fifteen investment analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $196.8519.

A number of analysts have weighed in on ACN shares. Citigroup dropped their target price on shares of Accenture from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Monday, June 1st. Wolfe Research restated an “outperform” rating and set a $200.00 price target on shares of Accenture in a research report on Tuesday, June 16th. JPMorgan Chase & Co. lowered their price target on shares of Accenture from $247.00 to $201.00 and set an “overweight” rating for the company in a research report on Monday, June 8th. Susquehanna lowered their price target on shares of Accenture from $186.00 to $140.00 and set a “neutral” rating for the company in a research report on Monday. Finally, Royal Bank Of Canada lowered their price target on shares of Accenture from $253.00 to $175.00 and set an “outperform” rating for the company in a research report on Monday.

Accenture Stock Up 1.6%

Shares of NYSE:ACN opened at $129.11 on Thursday. The stock has a market capitalization of $85.91 billion, a price-to-earnings ratio of 10.31, a price-to-earnings-growth ratio of 1.26 and a beta of 1.08. Accenture has a 1-year low of $118.15 and a 1-year high of $307.77. The company’s fifty day moving average is $173.22 and its two-hundred day moving average is $215.09. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.34 and a current ratio of 1.34.

Accenture (NYSE:ACN) last issued its earnings results on Thursday, June 18th. The information technology services provider reported $3.80 earnings per share for the quarter, topping analysts’ consensus estimates of $3.70 by $0.10. The company had revenue of $18.72 billion for the quarter, compared to analysts’ expectations of $18.78 billion. Accenture had a net margin of 10.66% and a return on equity of 26.47%. The firm’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.49 earnings per share. Accenture has set its FY 2026 guidance at 13.780-13.900 EPS. Equities analysts anticipate that Accenture will post 13.84 EPS for the current year.

Accenture Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Thursday, July 9th will be given a dividend of $1.63 per share. The ex-dividend date is Thursday, July 9th. This represents a $6.52 annualized dividend and a dividend yield of 5.1%. Accenture’s dividend payout ratio is currently 52.08%.

Accenture declared that its board has approved a stock repurchase program on Tuesday, June 23rd that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the information technology services provider to buy up to 2.4% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Key Stories Impacting Accenture

Here are the key news stories impacting Accenture this week:

• Positive Sentiment: Accenture announced a $2.0 billion share repurchase expansion, a signal management sees the stock as undervalued and a support for shareholder returns.
• Positive Sentiment: New business wins and strategic AI-related partnerships, including a software-defined commercial vehicle agreement with Coretura and AI collaborations with Adobe, show Accenture remains active in high-growth transformation projects.
• Positive Sentiment: Several articles argued the recent drop may be creating a long-term buying opportunity, with valuation-focused coverage pointing to potential upside and a DCF-based fair value estimate well above the current price.
• Neutral Sentiment: Recent analysis highlighted Accenture’s international revenue trends as an important factor for Wall Street analysts, suggesting the global mix of business could help or hurt future estimates depending on regional demand.
• Neutral Sentiment: Analyst updates were mixed: DA Davidson and Mizuho both cut price targets, but each kept constructive ratings on the stock, indicating lowered expectations rather than a fully bearish stance.
• Negative Sentiment: Coverage continues to emphasize AI-related disruption concerns and weaker bookings, which are the main reasons investors are reassessing Accenture’s near-term revenue growth and valuation.

Insider Activity at Accenture

In other news, CEO Atsushi Egawa sold 4,872 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $177.14, for a total transaction of $863,026.08. Following the completion of the transaction, the chief executive officer owned 12,802 shares in the company, valued at approximately $2,267,746.28. This represents a 27.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.02% of the company’s stock.

Hedge Funds Weigh In On Accenture

A number of institutional investors and hedge funds have recently bought and sold shares of ACN. Norges Bank bought a new position in Accenture in the 4th quarter valued at about $2,146,995,000. Capital International Investors grew its position in Accenture by 41.1% in the 3rd quarter. Capital International Investors now owns 17,128,134 shares of the information technology services provider’s stock valued at $4,223,839,000 after buying an additional 4,984,930 shares in the last quarter. First Trust Advisors LP grew its position in Accenture by 120.0% in the 1st quarter. First Trust Advisors LP now owns 3,482,150 shares of the information technology services provider’s stock valued at $690,475,000 after buying an additional 1,899,305 shares in the last quarter. Voloridge Investment Management LLC bought a new position in Accenture in the 3rd quarter valued at about $311,694,000. Finally, Franklin Resources Inc. grew its position in Accenture by 15.9% in the 4th quarter. Franklin Resources Inc. now owns 8,173,338 shares of the information technology services provider’s stock valued at $2,192,907,000 after buying an additional 1,122,855 shares in the last quarter. Institutional investors own 75.14% of the company’s stock.

Accenture Company Profile

Accenture is a global professional services company that provides a broad range of services and solutions in strategy, consulting, digital, technology and operations. The firm works with organizations across industries to design and implement business transformation programs, deploy and manage enterprise technology, optimize operations, and develop customer and digital experiences. Its offerings encompass management and technology consulting, systems integration, application and infrastructure services, cloud migration and managed services, as well as security and analytics capabilities.

The company delivers industry- and function-specific solutions, combining consulting expertise with proprietary tools, platforms and partnerships with major technology vendors.